Viera East
Community Development District

Unaudited Financial Reporting
January 31, 2021

TABLE OF CONTENTS

1 	Balance Sheet 

2-4 	General Fund Income Statement 

 	Capital Reserve Income Statement

 	Capital Reserve Check Register 

 	Debt Service Series 2006 Income Statement 

 	Debt Service Series 2020 Income Statement 

 	Capital Projects Series 2020 Income Statement

10-13 	Golf Course Income Statement 

14-15 	Month by Month- General Fund 

16-18 	Month by Month- Golf Course 

 	Month by Month- Proshop 

 	Long Term Debt Report 

 	FY2021 Tax Receipt Schedule 

Viera East
Community Development District
Combined Balance Sheet January 31, 2021

Governmental Fund Types

 Golf 

Totals

Assets

General	Capital Reserve	Debt Service Capital Projects

Course/Recreation (memorandum only) 

Operating Account	$785,779	$209,856	----	----	$840,020	$1,835,656
Accounts Receivable	----	----	----	----	$1,312	$1,312
Rent Receivable	----	----	----	----	$1,731	$1,731
Due From Golf Course	$26,245	----	----	----	----	$26,245
Due From General Fund	----	----	$111,866	----	$60,131	$171,997
Due from Debt Service	$11,030	----	----	----	$22,922	$33,953 Due from Other		----	----	----	----		$2,678		$2,678
Due from Capital Projects	----	----	----	----	$750	$750
Inventory - Pro Shop	----	----	----	----	$53,089	$53,089 Investments:
State Board	----	$89,186	----	----	----	$89,186
Benefit Assessment- Series 2012	----	----	----	----	$4,108	$4,108
Reserve - Series 2012	----	----	----	----	$280,131	$280,131
Bond Service- Series 2006	----	----	$2,440,575	----	----	$2,440,575
Reserve- Series 2020	----	----	$234,597	----	----	$234,597
Temporary Interest Series 2020	----	----	$361,239	----	----	$361,239
Project- Series 2020	----	----	----	$4,727,031	----	$4,727,031
Cost of Issuance- Series 2020	----	----	----	$55,075	----	$55,075

Total Assets	$831,069	$299,043	$3,148,277	$4,782,106	$2,476,680	$11,537,175

Improvements (Net of Depreciation)		----	----	----	----	$1,130,855	$1,130,855 Prepaid Expenses- Operations	$8,015	----	----	----		$78,954		$86,970
Liabilities
Accounts Payable	$11,117	----	----	----	$1,214	$12,331
Accrued Expenses	$2,967	----	----	----	$12,426	$15,392
Deferred  Revenue- Season Advance	----	----	----	----	$108,933	$108,933 Deferred  Revenue- Special Assessments O&M	----	----	----	----		$12,154		$12,154
Deferred Revenue- Special Assessments Debt	----	----	----	----	$323,258	$323,258 Deposit-Divots Grill	----	----	----	----		$2,000		$2,000
Due to General Fund	----	----	$11,030	----	$26,245	$37,275
Accrued Interest Payable	----	----	----	----	$77,357	$77,357
Accrued Principal Payable	----	----	----	----	$106,250	$106,250
Sales Tax Payable	----	----	----	----	$6,519	$6,519
Event Deposits	----	----	----	----	$167	$167
Due to Golf Course	$60,131	----	$22,922	----	----	$83,053
Due to Debt Service	$111,866	----	----	----	----	$111,866
Accrued Payroll Payable	$10,390	----	----	----		$21,282		$31,672 Bonds Payable - Series 2012		----	----	----	----	$2,895,000	$2,895,000
Bond Discount	----	----	----	----	($15,817)	($15,817)
Deferred Loss	----	----	----	----	($159,029)	($159,029)
Fund Equity
Net Assets	----	----	----	----	($941,280)	($941,280)
Fund Balances
Assigned - First Quarter	$176,000	----	----	----	----	$176,000
Nonspendable - Prepaid Expense	$8,015	----	----	----	----	$8,015
Unassigned	$450,584	----	----	----	----	$450,584
Assigned- Capital Reserve Fund	----	$299,043	----	----	----	$299,043
Restricted for Capital Projects	----	----	----	$4,782,106	----	$4,782,106

Total Liabilities, Fund Equity, Other	$831,069	$299,043	$3,148,277	$4,782,106	$2,476,680	$11,537,175

Restricted for Debt Service	----	----	$3,114,324	----	----	$3,114,324

Page 1

Revenues		
Maintenance Assessments	$808,157	$737,958	$737,958	$0	
Golf Course Administrative Services	$56,280	$18,760	$18,760	$0	
Interest Income	$100	$33	$3	($30)	
Total Revenues	$864,536	$756,751	$756,721	($30)	

Administrative Expenditures					
Supervisors Fees	$30,496	$10,165	$9,377	$789	
Engineering Fees	$5,000	$1,667	$475	$1,192	
Attorney's Fees	$5,000	$1,667	$1,524	$143	
Dissemination	$1,000	$333	$333	$0	
Trustee Fees	$5,600	$1,867	$1,867	($0)	
Annual Audit	$6,500	$2,167	$1,100	$1,067	
Collection Agent	$2,500	$833	$833	($0)	
Management Fees	$100,440	$33,480	$33,480	$0	
Postage	$1,500	$500	$1,025	($525)	
Printing & Binding	$2,500	$833	$451	$382	
Insurance- Liability	$7,475	$2,492	$3,183	($692)	
Legal Advertising	$1,500	$500	$296	$204	
Other Current Charges	$1,500	$500	$182	$318	
Office Supplies	$1,500	$500	$80	$420	
Dues & Licenses	$175	$58	$58	($0)	
Information Technology	$3,400	$1,133	$1,133	$0	
Total Administrative	$176,086	$58,695	$55,399	$3,296	

Operating Expenditures		
Salaries	$149,299	$49,766	$49,296	$471	
Administrative Fee	$1,659	$553	$1,000	($447)	
FICA Expense	$11,421	$3,807	$2,998	$809	
Employee Insurance	$16,914	$5,638	$5,203	$435	
Workers Compensation	$2,926	$975	$1,194	($219)	
Unemployment	$853	$284	$717	($433)	
Other Contractual	$7,500	$2,500	$3,051	($551)	
Training	$500	$167	$0	$167	
Uniforms	$500	$167	$0	$167	
Total Operating	$191,572	$63,857	$63,459	$399	

Maintenance Expenditures					
Canal Maintenance	$14,000	$4,667	$0	$4,667	
Lake Bank Restoration	$60,000	$60,000	$57,000	$3,000	
Environmental Services	$20,000	$6,667	$1,398	$5,269	
Water Management System	$99,000	$33,000	$37,169	($4,169)	
Control Burns	$15,000	$5,000	$0	$5,000	
Contingencies	$2,000	$667	$0	$667	
Fire Line Maintenance	$3,000	$1,000	$800	$200	
Basin Repair	$4,000	$1,333	$0	$1,333	
Total Maintenance	$217,000	$112,333	$96,367	$15,967	

Grounds Maintenance Expenditures		
Salaries	$140,787	$46,929	$45,214	$1,715	
Administrative Fees	$3,684	$1,228	$1,313	($85)	
FICA	$10,770	$3,590	$3,347	$243	
Health Insurance	$18,818	$6,273	$5,488	$784	
Workers Compensation	$2,759	$920	$1,235	($315)	
Unemployment	$2,120	$707	$898	($192)	
Telephone	$6,250	$2,083	$2,281	($198)	
Utilities	$5,500	$1,833	$2,356	($522)	
Property Appraiser	$1,990	$1,990	$1,989	$2	
Insurance	$1,663	$554	$500	$55	
Repairs	$15,000	$5,000	$7,207	($2,207)	
Fuel	$10,000	$3,333	$2,642	$691	
Park Maintenance	$2,500	$833	$480	$353	
Sidewalk Maintenance	$5,000	$1,667	$0	$1,667	
Chemicals	$4,000	$1,333	$759	$574	
Contingencies	$4,000	$4,000	$4,163	($163)	
Refuse	$6,000	$2,000	$1,200	$800	
Office Supplies	$750	$750	$723	$27	
Uniforms	$3,000	$1,000	$888	$112	
Fire Alarm System	$6,500	$2,167	$2,123	$44	
Rain Bird Pump System	$27,576	$9,192	$9,424	($232)	
Total Grounds Maintenance	$278,667	$97,382	$94,230	$3,152	
					
Total Expenditures	$863,325	$332,268	$309,455	$22,814	
					
Operating Income (Loss)	$1,211	$424,483	$447,266	$22,784	

Non Operating Revenues/(Expenditures)					
Reserve Funding- Transfer Out (Capital Reserve)	($1,211)	$0	$0	$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	
Total Non Operating  Revenues/(Expenditures)	($1,211)	$0	$0	$0	
					
Excess Revenue/(Expenditures)	($0)	$424,483	$447,266	$22,784	
					
Beginning Fund Balance	$0		$187,333		
					
Ending Fund Balance	$0		$634,599		

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending January 31, 2021

Variance

Actual
1/31/21

Prorated Budget
1/31/21

Adopted
Budget

Revenues

Interest Income	$2,500	$833	$65	($768)	
Reserve Funding - Transfer In (General)	$1,211	$0	$0	$0	
Reserve Funding - Transfer In (Golf)	$31,219	$0	$0	$0	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$34,930	$833	$65	($768)	

Expenditures					
Capital Outlay	$100,000	$0	$0	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$0	$0	$0	
					
Excess Revenues/(Expenditures)	($90,070)		$65		
					
Beginning Fund Balance	$229,102		$298,978		
					
Ending Fund Balance	$139,032		$299,043		

Viera East Community Development District

Check Date	Vendor	Detail	Amount

Capital Reserve Fund Capital Outlay Check Register Detail For Period Ending January 31, 2021
Capital Outlay
FY2021

Total	 $	-	

Community Development District
Debt Service Fund Series 2006 Statement of Revenues & Expenditures For Period Ending January 31, 2021

	Adopted	Prorated Budget	Actual
Budget	1/31/21	1/31/21	Variance	
Revenues				
Special Assessments	$2,376,297	$2,169,884	$2,169,884	$0	
Interest Income	$1,500	$500	$9	($491)	
Total Revenues	$2,377,797	$2,170,384	$2,169,894	($491)	

Expenditures				
Series 2006 Interest-11/1	
$126,644	
$126,644	
$126,644	$0	
Interest-5/1	$126,644	$0	$0	$0	
Principal-5/1	$2,140,000	$0	$0	$0	
Total Expenditures	$2,393,288	$126,644	$126,644	$0	

Excess Revenues/(Expenditures)	($15,491)	$2,043,250	
			
Beginning Fund Balance	$522,357	$475,238	
			
Ending Fund Balance	$506,866	$2,518,488	

Debt Service Fund Series 2020 Statement of Revenues & Expenditures For Period Ending January 31, 2021

Variance

Actual
1/31/21

Prorated Budget
1/31/21

Adopted
Budget

Revenues

Interest Income	$1,000	$333	$10	($323)

$1,000	$333	$10	($323)

Total Revenues

Expenditures		
Series 2020 Interest-11/1	
$52,679	
$52,679	
$52,679	
$0	
Interest-5/1	$90,308	$0	$0	$0	
Total Expenditures	$142,987	$52,679	$52,679	$0	
					
Excess Revenues/(Expenditures)	($141,987)		($52,669)		
					
Beginning Fund Balance	$648,505		$648,505		
					
Ending Fund Balance	$506,518		$595,836		

Capital Projects Fund Series 2020 Statement of Revenues & Expenditures For Period Ending January 31, 2021

Actual
1/31/21

Revenues

Interest Income	$96

$96

Total Revenues

Expenditures

Capital Outlay	$1,307,542
Cost of Issuance	$0

$1,307,542

Total Expenditures

($1,307,446)

Excess Revenues/(Expenditures)

$6,089,551

Beginning Fund Balance

$4,782,106

Ending Fund Balance

			

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending January 31, 2021

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Restaurant Expenditures
Pest Control	
$1,200	
$95	
$115	
$20	
$380	
$367	
($14)	
Equipment Lease	$1,100	$100	$106	$6	$446	$336	($110)	
Total Restaurant Expenditures	$2,300	$195	$221	$26	$826	$703	($124)	

Golf Operation Expenditures								
Salaries	$210,900	$17,038	$17,574	$536	$68,171	$70,297	$2,126	
Administrative Fee	$19,957	$1,434	$1,663	$229	$6,347	$6,652	$305	
FICA Expense	$16,547	$1,304	$1,379	$75	$5,215	$5,515	$300	
Health Insurance	$707	$0	$59	$59	$118	$236	$117	
Workers Compensation	$4,239	$465	$353	($112)	$1,862	$1,413	($449)	
Unemployment	$12,786	$1,022	$1,065	$43	$2,627	$4,262	$1,635	
Golf Printing	$2,200	$0	$183	$183	$1,200	$733	($467)	
Utilities	$22,500	$1,655	$1,875	$220	$6,487	$7,500	$1,013	
Repairs	$250	$355	$21	($334)	$355	$83	($272)	
Pest Control	$1,200	$95	$100	$5	$380	$400	$20	
Supplies	$10,000	$1,205	$833	($372)	$4,510	$3,333	($1,177)	
Uniforms	$1,500	$0	$125	$125	$0	$500	$500	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$667	$667	
Fuel	$500	$0	$42	$42	$0	$167	$167	
Cart Lease	$99,000	$8,573	$8,250	($323)	$31,211	$33,000	$1,789	
Cart Maintenance	$4,000	$604	$333	($271)	$2,401	$1,333	($1,068)	
Driving Range	$10,000	$556	$833	$278	$1,320	$3,333	$2,013	
Total Golf Operation Expenditures	$418,286	$34,307	$34,856	$549	$132,205	$139,425	$7,220	

Merchandise Sales								
Cost of Goods Sold	$77,000	$7,219	$6,417	($802)	$26,572	$25,667	($905)	
Total Merchandise Sales	$77,000	$7,219	$6,417	($802)	$26,572	$25,667	($905)	

Page 11

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending January 31, 2021

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$500	
$500	
Arbitrage	$600	$20	$50	$30	$80	$200	$120	
Dissemination	$1,000	$83	$83	$0	$333	$333	$0	
Trustee Fees	$4,100	$342	$342	($0)	$1,367	$1,367	($0)	
Annual Audit	$1,500	$125	$125	$0	$500	$500	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$18,760	$18,760	$0	
Insurance	$77,000	$6,365	$6,417	$51	$24,748	$25,667	$919	
Property Taxes	$15,000	$1,757	$1,250	($507)	$5,383	$5,000	($383)	
Total Administrative Expenditures	$156,980	$13,382	$13,082	($301)	$51,171	$52,327	$1,156	
								
Total Revenues	$1,928,696	$214,197	$192,315	$21,883	$701,066	$649,844	$51,221	
								
Total Expenditures	$1,893,302	$139,121	$157,799	$18,677	$542,773	$631,013	$88,240	
								
Operating Income (Loss)	$35,394	$75,076	$34,516	$40,560	$158,293	$18,832	$139,461	
Non Operating Revenues/(Expenditures)								
Special Assessments	$560,250	$46,688	$46,688	($0)	$186,750	$186,750	($0)	
Interest Income	$1,000	$1	$83	($82)	$4	$333	($330)	
Gain on Sale of Asset	$0	$0	$0	$0	$45	$0	$45	
Reserve Funding- Transfer Out (Capital Reserve)	($31,219)	$0	($2,602)	($2,602)	$0	$0	$0	
Interest Expense	($140,425)	($11,702)	($11,702)	$0	($46,808)	($46,808)	$0	
Principal Expense	($425,000)	($35,417)	($35,417)	($0)	($141,667)	($141,667)	($0)	
Total Non Operating  Revenues/(Expenditures)	($35,394)	($430)	($2,950)	($2,684)	($1,676)	($1,392)	($285)	
								
Change in Net Assets	$0	$74,646	$31,566	$37,877	$156,617	$17,440	$139,177	
								
Beginning Net Assets	$0	----	----	----	($1,097,897)	----	----	
								
Ending Net Assets	$0	----	----	----	($941,280)	----	----	

	October	November	December	January	February	March		April		May		June		July		August		September	Total	
Revenues																				
Maintenance Assessments	$0	$196,793	$503,121	$38,045	$0		$0		$0		$0		$0		$0		$0	$0	$737,958	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$0		$0		$0		$0		$0		$0		$0	$0	$18,760	
Interest Income	$0	$0	$0	$3	$0		$0		$0		$0		$0		$0		$0	$0	$3	
Total Revenues	$4,690	$201,483	$507,811	$42,738	$0		$0		$0		$0		$0		$0		$0	$0	$756,721	

Administrative Expenditures																				
Supervisors Fees	$2,678	$2,384	$2,900	$1,415	$0		$0		$0		$0		$0		$0		$0	$0	$9,377	
Engineering Fees	$0	$0	$475	$0	$0		$0		$0		$0		$0		$0		$0	$0	$475	
Attorney's Fees	$0	$0	$1,524	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,524	
Dissemination	$83	$83	$83	$83	$0		$0		$0		$0		$0		$0		$0	$0	$333	
Trustee Fees	$467	$467	$467	$467	$0		$0		$0		$0		$0		$0		$0	$0	$1,867	
Annual Audit	$275	$275	$275	$275	$0		$0		$0		$0		$0		$0		$0	$0	$1,100	
Collection Agent	$208	$208	$208	$208	$0		$0		$0		$0		$0		$0		$0	$0	$833	
Management Fees	$8,370	$8,370	$8,370	$8,370	$0		$0		$0		$0		$0		$0		$0	$0	$33,480	
Postage	$364	$198	$138	$324	$0		$0		$0		$0		$0		$0		$0	$0	$1,025	
Printing & Binding	$206	$70	$125	$50	$0		$0		$0		$0		$0		$0		$0	$0	$451	
Insurance- Liability	$608	$608	$608	$1,358	$0		$0		$0		$0		$0		$0		$0	$0	$3,183	
Legal Advertising	$296	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$296	
Other Current Charges	$78	$29	$59	$17	$0		$0		$0		$0		$0		$0		$0	$0	$182	
Office Supplies	$20	$20	$20	$20	$0		$0		$0		$0		$0		$0		$0	$0	$80	
Dues & Licenses	$15	$15	$15	$15	$0		$0		$0		$0		$0		$0		$0	$0	$58	
Information Technology	$283	$283	$283	$283	$0		$0		$0		$0		$0		$0		$0	$0	$1,133	
Total Administrative	$13,953	$13,011	$15,550	$12,886	$0		$0		$0		$0		$0		$0		$0	$0	$55,399	

Operating Expenditures																				
Salaries	$11,153	$13,540	$12,302	$12,301	$0		$0		$0		$0		$0		$0		$0	$0	$49,296	
Administration Fee	$556	$157	$143	$143	$0		$0		$0		$0		$0		$0		$0	$0	$1,000	
FICA Expense	$382	$928	$843	$845	$0		$0		$0		$0		$0		$0		$0	$0	$2,998	
Health Insurance	$1,281	$1,281	$1,281	$1,359	$0		$0		$0		$0		$0		$0		$0	$0	$5,203	
Workers Compensation	$305	$218	$336	$336	$0		$0		$0		$0		$0		$0		$0	$0	$1,194	
Unemployment	$0	$152	$191	$374	$0		$0		$0		$0		$0		$0		$0	$0	$717	
Other Contractual	$462	$1,225	$903	$462	$0		$0		$0		$0		$0		$0		$0	$0	$3,051	
Training	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Operating	$14,139	$17,501	$16,000	$15,820	$0		$0		$0		$0		$0		$0		$0	$0	$63,459	

	October	November	December	January	February	March		April		May		June		July		August		September	Total	

Maintenance Expenditures																				
Canal Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Lake Bank Restoration	$17,100	$39,900	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$57,000	
Environmental Services	$123	$310	$965	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,398	
Water Management System	$7,887	$8,087	$13,107	$8,087	$0		$0		$0		$0		$0		$0		$0	$0	$37,169	
Control Burns	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Contingencies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Fire Line Maintenance	$0	$0	$0	$800	$0		$0		$0		$0		$0		$0		$0	$0	$800	
Basin Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Maintenance	$25,110	$48,297	$14,072	$8,887	$0		$0		$0		$0		$0		$0		$0	$0	$96,367	

Grounds Maintenance Expenditures																				
Salaries	$10,364	$12,255	$11,279	$11,316	$0		$0		$0		$0		$0		$0		$0	$0	$45,214	
Administrative Fees	$288	$409	$318	$298	$0		$0		$0		$0		$0		$0		$0	$0	$1,313	
FICA	$780	$907	$832	$829	$0		$0		$0		$0		$0		$0		$0	$0	$3,347	
Health Insurance	$1,452	$1,428	$1,265	$1,344	$0		$0		$0		$0		$0		$0		$0	$0	$5,488	
Workers Compensation	$283	$335	$308	$309	$0		$0		$0		$0		$0		$0		$0	$0	$1,235	
Unemployment	$21	$25	$202	$650	$0		$0		$0		$0		$0		$0		$0	$0	$898	
Telephone	$633	$544	$554	$551	$0		$0		$0		$0		$0		$0		$0	$0	$2,281	
Utilities	$506	$780	$534	$536	$0		$0		$0		$0		$0		$0		$0	$0	$2,356	
Property Appraiser	$0	$0	$1,989	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,989	
Insurance- Property	$125	$125	$125	$125	$0		$0		$0		$0		$0		$0		$0	$0	$500	
Repairs	$3,081	$837	$1,593	$1,696	$0		$0		$0		$0		$0		$0		$0	$0	$7,207	
Fuel	$1,442	$531	$511	$158	$0		$0		$0		$0		$0		$0		$0	$0	$2,642	
Park Maintenance	$0	$0	$480	$0	$0		$0		$0		$0		$0		$0		$0	$0	$480	
Sidewalk Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Chemicals	$0	$0	$0	$759	$0		$0		$0		$0		$0		$0		$0	$0	$759	
Contingencies	$215	$0	$935	$3,013	$0		$0		$0		$0		$0		$0		$0	$0	$4,163	
Refuse	$480	$240	$240	$240	$0		$0		$0		$0		$0		$0		$0	$0	$1,200	
Office Supplies	$512	$212	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$723	
Uniforms	$199	$247	$245	$196	$0		$0		$0		$0		$0		$0		$0	$0	$888	
Fire Alarm System	$512	$588	$512	$512	$0		$0		$0		$0		$0		$0		$0	$0	$2,123	
Rain Bird Pump System	$2,298	$2,298	$2,528	$2,298	$0		$0		$0		$0		$0		$0		$0	$0	$9,424	
Total Grounds Maintenance	$23,190	$21,762	$24,450	$24,829	$0		$0		$0		$0		$0		$0		$0	$0	$94,230	
																				
Total Expenditures	$76,391	$100,571	$70,072	$62,421	$0		$0		$0		$0		$0		$0		$0	$0	$309,455	
																				
Operating Income (Loss)	($71,701)	$100,912	$437,739	($19,683)	$0		$0		$0		$0		$0		$0		$0	$0	$447,266	

Non Operating Revenues/(Expenditures)
Reserve Funding- Transfer Out (Capital Reserve)	

$0	

$0	

$0	

$0	

$0		

$0		

$0		

$0		

$0		

$0		

$0	

$0	

$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Non Operating Revenues/Expenditures	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
																				
Excess Revenue/(Expenditures)	($71,701)	$100,912	$437,739	($19,683)	$0		$0		$0		$0		$0		$0		$0	$0	$447,266	

	October	November	December	January	February	March	April	May		June	July	August	September	Total	

Number of Rounds
Paid Rounds	

3,263	

2,946	

3,532	

3,840	

0	

0		

0	

0	

0		

0	0	

0	

13,581	
Member Rounds	701	666	816	1,012	0	0		0	0	0		0	0	580	3,775	
Comp Rounds	237	152	234	239	0	0		0	0	0		0	0	0	862	
EZ Links	0	0	0	0	0	0		0	0	0		0	0	0	-	
GolfNow
Revenue per Round
Paid Rounds	285

$33	256

$37	293

$37	313

$0	0

$0	0

$0		0

$0	0

$0	0

$0		0	0

$0	$0	0

$0	1,147

$106	
Revenues:
Greens Fees	
$107,375	
$107,634	
$130,099	
$165,174	
$0	
$0		
$0	
$0	
$0		
$0	$0	
$0	
$510,283	
Gift Cards - Sales	$458	$636	$3,462	$433	$0	$0		$0	$0	$0		$0	$0	$0	$4,988	
Gift Cards - Usage	($803)	($482)	($2,812)	($3,031)	$0	$0		$0	$0	$0		$0	$0	$0	($7,129)	
Season Advance/Trail Fees	$18,051	$20,606	$22,572	$21,363	$0	$0		$0	$0	$0		$0	$0	$0	$82,592	
Associate Memberships	$3,950	$3,081	$4,661	$7,900	$0	$0		$0	$0	$0		$0	$0	$0	$19,592	
Driving Range	$5,963	$6,015	$8,358	$8,857	$0	$0		$0	$0	$0		$0	$0	$0	$29,193	
Golf Lessons	$175	$175	$175	$175	$0	$0		$0	$0	$0		$0	$0	$0	$700	
Merchandise Sales	$9,238	$9,725	$10,462	$8,683	$0	$0		$0	$0	$0		$0	$0	$0	$38,108	
Restaurant	$2,359	$3,141	$4,837	$3,029	$0	$0		$0	$0	$0		$0	$0	$0	$13,366	
Special Assessments - Operations	$1,519	$1,519	$1,519	$1,519	$0	$0		$0	$0	$0		$0	$0	$0	$6,077	
Miscellaneous Income	$2,867	$145	$189	$95	$0	$0		$0	$0	$0		$0	$0	$0	$3,296	
Total Revenues	$151,152	$152,194	$183,522	$214,197	$0	$0		$0	$0	$0		$0	$0	$0	$701,066	

Golf Course Expenditures:
Other Contractual Services	

$710	

$1,035	

$1,035	

$1,635	

$0	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$4,414	
Telephone/Internet	$106	$106	$106	$106	$0	$0		$0	$0	$0		$0	$0	$0	$424	
Postage	$0	$41	$1,495	$0	$0	$0		$0	$0	$0		$0	$0	$0	$1,536	
Printing & Binding	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Utilities	$1,217	$1,288	$1,201	$1,262	$0	$0		$0	$0	$0		$0	$0	$0	$4,968	
Repairs & Maintenance	$419	$250	$0	$1,661	$0	$0		$0	$0	$0		$0	$0	$0	$2,330	
Advertising	($350)	$2,099	$4,117	$665	$0	$0		$0	$0	$0		$0	$0	$0	$6,531	
Bank Charges	$2,332	$3,112	$3,184	$3,636	$0	$0		$0	$0	$0		$0	$0	$0	$12,264	
Office Supplies	$78	$327	$115	$19	$0	$0		$0	$0	$0		$0	$0	$0	$539	
Operating Supplies	$442	$345	$566	$822	$0	$0		$0	$0	$0		$0	$0	$0	$2,175	
Dues, Licenses & Subscriptions	$180	$0	$293	$0	$0	$0		$0	$0	$0		$0	$0	$0	$473	
Drug Testing - All Departments	$0	$0	$49	$49	$0	$0		$0	$0	$0		$0	$0	$0	$97	
Training, Education & Employee Relations	$51	$381	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$432	
Contractual Security	$482	$519	$662	$197	$0	$0		$0	$0	$0		$0	$0	$0	$1,861	
IT Services	$0	$435	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$435	
Total Golf Course Expenditures	$5,667	$9,938	$12,822	$10,052	$0	$0		$0	$0	$0		$0	$0	$0	$38,478	

Restaurant Expenditures:															
Pest Control	$95	$95	$95	$95	$0	$0		$0	$0	$0		$0	$0	$0	$380	
Equipment Lease	$100	$147	$100	$100	$0	$0		$0	$0	$0		$0	$0	$0	$446	
Total Restaurant Expenditures	$195	$242	$195	$195	$0	$0		$0	$0	$0		$0	$0	$0	$826	

	October	November	December	January	February	March	April	May		June	July	August	September	Total	

Golf Operations:
Salaries	

$16,087	

$18,232	

$16,814	

$17,038	

$0	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$68,171	
Administrative Fee	$1,586	$1,816	$1,511	$1,434	$0	$0		$0	$0	$0		$0	$0	$0	$6,347	
FICA Expense	$1,231	$1,395	$1,286	$1,304	$0	$0		$0	$0	$0		$0	$0	$0	$5,215	
Health Insurance	$43	$43	$33	$0	$0	$0		$0	$0	$0		$0	$0	$0	$118	
Workers Compensation	$439	$498	$459	$465	$0	$0		$0	$0	$0		$0	$0	$0	$1,862	
Unemployment	$521	$515	$569	$1,022	$0	$0		$0	$0	$0		$0	$0	$0	$2,627	
Golf Printing	$0	$0	$1,200	$0	$0	$0		$0	$0	$0		$0	$0	$0	$1,200	
Utilities	$1,686	$1,629	$1,517	$1,655	$0	$0		$0	$0	$0		$0	$0	$0	$6,487	
Repairs	$0	$0	$0	$355	$0	$0		$0	$0	$0		$0	$0	$0	$355	
Pest Control	$95	$95	$95	$95	$0	$0		$0	$0	$0		$0	$0	$0	$380	
Supplies	$1,410	$1,019	$876	$1,205	$0	$0		$0	$0	$0		$0	$0	$0	$4,510	
Uniforms	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Training, Education & Employee Relations	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Fuel	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Cart Lease	$7,683	$7,179	$7,776	$8,573	$0	$0		$0	$0	$0		$0	$0	$0	$31,211	
Cart Maintenance	$251	$272	$1,275	$604	$0	$0		$0	$0	$0		$0	$0	$0	$2,401	
Driving Range	$32	$0	$733	$556	$0	$0		$0	$0	$0		$0	$0	$0	$1,320	
Total Golf Operation Expenditures	$31,062	$32,692	$34,144	$34,307	$0	$0		$0	$0	$0		$0	$0	$0	$132,205	

Merchandise Sales:															
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$0	$0		$0	$0	$0		$0	$0	$0	$26,571.55	
Total Merchandise Sales	$6,482	$4,241	$8,630	$7,219	$0	$0		$0	$0	$0		$0	$0	$0	$26,572	

Golf Course Maintenance:
Salaries	

$32,200	

$38,863	

$31,368	

$38,115	

$0	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$140,546	
Administrative Fees	$852	$1,035	$822	$1,037	$0	$0		$0	$0	$0		$0	$0	$0	$3,746	
FICA Expense	$2,400	$2,819	$2,279	$2,776	$0	$0		$0	$0	$0		$0	$0	$0	$10,275	
Employee Insurance	$6,053	$3,786	$2,834	$3,671	$0	$0		$0	$0	$0		$0	$0	$0	$16,344	
Workers Compensation	$877	$1,061	$856	$1,039	$0	$0		$0	$0	$0		$0	$0	$0	$3,833	
Unemployment	$0	$0	$334	$2,177	$0	$0		$0	$0	$0		$0	$0	$0	$2,511	
Consulting Fees	$500	$500	$500	$500	$0	$0		$0	$0	$0		$0	$0	$0	$2,000	
Fire Alarm System	$512	$0	$45	$0	$0	$0		$0	$0	$0		$0	$0	$0	$557	
Utilities/Water	$2,072	$2,322	$1,885	$2,066	$0	$0		$0	$0	$0		$0	$0	$0	$8,345	
Repairs	$4,341	$7,770	$817	$6,763	$0	$0		$0	$0	$0		$0	$0	$0	$19,692	
Fuel & Oil	$2,720	$1,078	$1,038	$320	$0	$0		$0	$0	$0		$0	$0	$0	$5,156	
Pest Control	$88	$88	$88	$88	$0	$0		$0	$0	$0		$0	$0	$0	$351	
Irrigation/Drainage	$1,150	$1,525	$1,527	$736	$0	$0		$0	$0	$0		$0	$0	$0	$4,938	
Sand and Topsoil	$321	$321	$0	$641	$0	$0		$0	$0	$0		$0	$0	$0	$1,284	
Flower/Mulch	$296	$0	$337	$1,496	$0	$0		$0	$0	$0		$0	$0	$0	$2,130	
Fertilizer	$7,254	$3,173	$3,618	$2,497	$0	$0		$0	$0	$0		$0	$0	$0	$16,542	
Seed/Sod	$0	$1,681	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$1,681	
Trash Removal	$240	$402	$0	$201	$0	$0		$0	$0	$0		$0	$0	$0	$842	
Contingency	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
First Aid	$0	$71	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$71	
Office Supplies	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Operating Supplies	$743	$1,487	$144	$0	$0	$0		$0	$0	$0		$0	$0	$0	$2,374	
Training	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Janitorial Supplies	$17	$155	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$172	
Soil & Water Testing	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Uniforms	$592	$797	$777	$622	$0	$0		$0	$0	$0		$0	$0	$0	$2,788	
Equipment Rental	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Equipment Lease	$12,688	$11,952	$13,484	$9,219	$0	$0		$0	$0	$0		$0	$0	$0	$47,343	
Small Tools	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Total Golf Course Maintenance	$75,915	$80,884	$62,755	$73,966	$0	$0		$0	$0	$0		$0	$0	$0	$293,521	

Viera East Golf Course Month to Month

	October	November	December	January	February	March	April	May		June	July	August	September	Total	

Administrative Expenditures:
Legal Fees	

$0	

$0	

$0	

$0	

$0	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$0	
Arbitrage	$20	$20	$20	$20	$0	$0		$0	$0	$0		$0	$0	$0	$80	
Dissemination	$83	$83	$83	$83	$0	$0		$0	$0	$0		$0	$0	$0	$333	
Trustee Fees	$342	$342	$342	$342	$0	$0		$0	$0	$0		$0	$0	$0	$1,367	
Annual Audit	$125	$125	$125	$125	$0	$0		$0	$0	$0		$0	$0	$0	$500	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$0	$0		$0	$0	$0		$0	$0	$0	$18,760	
Insurance	$6,127	$6,127	$6,127	$6,365	$0	$0		$0	$0	$0		$0	$0	$0	$24,748	
Property Taxes	$1,250	$1,250	$1,126	$1,757	$0	$0		$0	$0	$0		$0	$0	$0	$5,383	
Total Administrative Expenditures	$12,637	$12,637	$12,514	$13,382	$0	$0		$0	$0	$0		$0	$0	$0	$51,171	
															
Total Revenues	$151,152	$152,194	$183,522	$214,197	$0	$0		$0	$0	$0		$0	$0	$0	$701,066	
															
Total Expenditures	$131,958	$140,634	$131,059	$139,121	$0	$0		$0	$0	$0		$0	$0	$0	$542,773	
															
Operating Income (Loss)	$19,193	$11,560	$52,463	$75,076	$0	$0		$0	$0	$0		$0	$0	$0	$158,293	

Non Operating Revenues/(Expenditures):
Special Assessments - Debt Service	

$46,688	

$46,688	

$46,688	

$46,688	

$0	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$186,750	
Interest Income	$1	$0	$1	$1	$0	$0		$0	$0	$0		$0	$0	$0	$4	
Gain on Sale of Asset	$45	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$45	
Reserve Funding- Transfer Out (Capital Reserve)	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Interest Expense	($11,702)	($11,702)	($11,702)	($11,702)	$0	$0		$0	$0	$0		$0	$0	$0	($46,808)	
Principal Expense	($35,417)	($35,417)	($35,417)	($35,417)	$0	$0		$0	$0	$0		$0	$0	$0	($141,667)	
Total Non Operating  Revenues/(Expenditures)	($385)	($431)	($430)	($430)	$0	$0		$0	$0	$0		$0	$0	$0	($1,676)	
															
Net Non Operating Income / (Loss)	$18,808	$11,129	$52,033	$74,646	$0	$0		$0	$0	$0		$0	$0	$0	$156,617	

Viera East
Community Development District

ProShop
Statement of Revenues & Expenditures

	October	November	December	January	February	March	April	May	June	July		August	September	Total	

Revenues

Merchandise Sales	

$9,238	

$9,725	

$10,462	

$8,683	

$0	

$0	

$0	

$0		

$0	

$0	

$0	

$0	

$38,108	
Total Revenues	$9,238	$9,725	$10,462	$8,683	$0	$0	$0	$0		$0	$0	$0	$0	$38,108	

Expenditures															
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$0	$0	$0	$0		$0	$0	$0	$0	$26,572	
Total Expenditures	$6,482	$4,241	$8,630	$7,219	$0	$0	$0	$0		$0	$0	$0	$0	$26,572	
															
Operating Income (Loss)	$2,756	$5,484	$1,832	$1,464	$0	$0	$0	$0		$0	$0	$0	$0	$11,536	

Page 19

Viera East
Community Development District Long Term Debt Report

Series 2006 Water Management Refunding Bonds	
Interest Rate:	5.750%	
Maturity Date:	5/1/2022	
Reserve Fund Definition:	10% Max Annual Dept	
Reserve Fund Requirement:	$239,334	
Reserve Fund Balance (1):	$239,334	
Bonds outstanding - 9/30/2016	$11,855,000	
Less: May 1, 2017 Principal	($1,710,000)	
Less: May 1, 2018 Principal	($1,810,000)	
Less: May 1, 2019 Principal	($1,910,000)	
Less: May 1, 2020 Principal	($2,020,000)	
Current Bonds Outstanding	$4,405,000	

(1) This value is covered by the Debt Service Reserve Fund Surety Bond and is not a cash balance on the District's balance sheet.

Series 2012 Special Assessment Revenue Bonds	
Interest Rate:	2.5% to 5%	
Maturity Date:	5/1/2026	
Reserve Fund Definition:	50% Max Annual Dept	
Reserve Fund Requirement:	$279,239	
Reserve Fund Balance:	$280,131	
Bonds outstanding - 9/30/2016	$4,445,000	
Less: May 1, 2017 Principal	($365,000)	
Less: May 1, 2018 Principal	($380,000)	
Less: May 1, 2019 Principal	($395,000)	
Less: May 1, 2020 Principal	($410,000)	
Current Bonds Outstanding	$2,895,000	

Series 2020 Special Assessment Revenue Bonds	
Interest Rate: Maturity Date:
Reserve Fund Definition:
Reserve Fund Requirement:		2% to 2.75%
5/1/1938
50% Max Annual Dept
$234,591	
Reserve Fund Balance:		$234,597	
Bonds outstanding - 7/10/20		$7,685,000	
Current Bonds Outstanding		$7,685,000	

Page 20		

Viera East
Community Development District
Special Assessment Receipts - FY2021

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	

11/13/19	$	72,600.70	$	15,592.25	$	45,847.31	$	11,161.14	$	72,600.70	
11/20/20	$	843,706.63	$	181,200.57	$	532,800.40	$	129,705.66	$ 843,706.63	
12/4/20	$	1,899,535.57	$	407,958.07	$	1,199,555.95	$	292,021.55	$1,899,535.57	
12/16/20	$	443,096.08	$	95,162.54	$	279,815.00	$	68,118.54	$ 443,096.08	
1/12/21	$	177,142.96	$	38,044.51	$	111,865.71	$	27,232.74	$ 177,142.96	

						
						
	$	3,436,082	$	737,958	$	2,169,884	$	528,240	$	3,436,082	

	Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	
						
Debt Service Fund	$	2,376,297	63.15%	$	2,169,884	$	(2,058,019)	$	111,866	
General Fund	$	808,157	21.48%	$	737,958	$	(737,958)	$	-	
Recreation Fund	$	578,489	15.37%	$	528,240	$	(501,007)	$	27,233	
						
	$	3,762,943	100.00%	$	3,436,082	$	(3,296,983)	$	139,098	

Percentage Collected	91.31%

Viera East Community Development District
Golf Course/Recreation Fund- Operations Prior Month/Year Comparison

	Actuals
1/31/20		Actuals
1/31/21		
Variance		Year to Date
1/31/20		Year to Date
1/31/21		
Variance	

Revenues:
Greens Fees	

$	135,425		

$	165,174		

$	29,749		

$	407,815		

$	510,283		

$	102,468	
Gift Cards - Sales	$	371		$	433		$	62		$	3,281		$	4,988		$	1,707	
Gift Cards - Usage	$	(2,432)		$	(3,031)		$	(599)		$	(5,187)		$	(7,129)		$	(1,941)	
Season Advance/Trail Fees	$	19,936		$	21,363		$	1,428		$	70,642		$	82,592		$	11,950	
Associate Memberships	$	8,216		$	7,900		$	(316)		$	18,012		$	19,592		$	1,580	
Driving Range	$	7,698		$	8,857		$	1,159		$	21,271		$	29,193		$	7,922	
Golf Lessons	$	175		$	175		$	-		$	700		$	700		$	-	
Merchandise Sales	$	8,375		$	8,683		$	308		$	34,252		$	38,108		$	3,856	
Restaurant	$	2,027		$	3,029		$	1,002		$	7,899		$	13,366		$	5,466	
Special Assessments - Operations	$	1,877		$	1,519		$	(358)		$	7,509		$	6,077		$	(1,432)	
Miscellaneous Income	   $	2,330 		   $	95 		   $	(2,234) 		   $	6,945 		   $	3,296 		   $	(3,649) 	
Total Revenues	   $	183,998 		   $	214,197 		   $	30,200 		   $	573,138 		   $	701,066 		   $	127,927 	
Expenditures:
Golf Course Expenditures	
$	10,017		
$	10,052		
$	(35)		
$	46,931		
$	38,478		
$	8,453	
Restaurant	$	193		$	195		$	(2)		$	772		$	826		$	(55)	
Golf Operations	$	39,394		$	34,307		$	5,087		$	124,995		$	132,205		$	(7,210)	
Merchandise Sales	$	7,960		$	7,219		$	741		$	23,522		$	26,572		$	(3,049)	
Golf Course Maintenance	$	90,366		$	73,966		$	16,400		$	322,543		$	293,521		$	29,022	
Administrative	   $	12,856 		   $	13,382 		   $	(526) 		   $	48,623 		   $	51,171 		   $	(2,548) 	
Total Expenditures	   $	160,785 		   $	139,121 		   $	21,664 		   $	567,386 		   $	542,773 		   $	24,613 	
Operating Income/(Loss)	   $	23,212 		   $	75,076 		   $	51,864 		   $	5,752 		   $	158,293 		   $	152,540